MXI vs VEA: Holdings Overlap
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
VEAVanguard Developed Markets Index Fund
Vanguard · 3886 holdings · $235.0B · as of 2026-03-31
How similar are MXI and VEA?
iShares Global Materials ETF (MXI, by iShares) holds 101 positions; Vanguard Developed Markets Index Fund (VEA, by Vanguard) holds 3886. They have 55 holdings in common, and by portfolio weight the two funds are 5.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 55MXI holds 101 · VEA holds 3886
- Weight in Shared Holdings
- MXI 55%·VEA 5%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in MXI
46 of 101 positions (44.7% of the fund) are not held by VEA. Showing the top 30 by weight.
Sector Breakdown
| Sector | MXI | VEA |
|---|---|---|
| Materials | 99.5% | 6.2% |
| Financials | 0.0% | 20.4% |
| Industrials | 0.0% | 13.9% |
| Information Technology | 0.0% | 9.9% |
| Health Care | 0.0% | 7.3% |
| Other Sectors | 0.2% | 22.9% |
| Unclassified | 0.0% | 18.5% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of MXI, 19% of VEA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
| VEA | +3.0% | +17.5% | +29.9% | +19.8% | +10.2% | +10.3% | 2.49% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in MXI vs VEA →
Shared Holdings(55)
The top 10 shared positions account for 53% of the overlap, led by BHP, AEM and RIO.
 BHPBHP Group Ltd. NPV | 6.21% | 0.61% | 0.61% |
|---|---|---|---|
 AEMAgnico Eagle Mines Ltd. | 3.44% | 0.35% | 0.35% |
 RIORio Tinto PLC ORD GBP0.10 | 3.34% | 0.33% | 0.33% |
 GLENPENGlencore PLC | 2.43% | 0.27% | 0.27% |
 4063Shin-Etsu Chemical Co Ltd. NPV | 2.73% | 0.26% | 0.26% |
 ABXBarrick Mining Corp. | 2.31% | 0.23% | 0.23% |
 WPMWheaton Precious Metals Corp. | 2.01% | 0.20% | 0.20% |
 BASBASF SE | 1.86% | 0.19% | 0.19% |
 FNVFranco-Nevada Corp. | 1.61% | 0.16% | 0.16% |
 AALAnglo American PLC | 1.71% | 0.16% | 0.16% |
| RIORio Tinto Ltd. | 1.43% | 0.14% | 0.14% |
 HOLNHolcim AG CHF2 (REGD) | 1.41% | 0.14% | 0.14% |
 AIAir Liquide S.A.(L') EUR5.50 | 4.04% | 0.13% | 0.13% |
 KUSDKinross Gold Corp. | 1.24% | 0.13% | 0.13% |
 NTRNutrien Ltd. | 1.23% | 0.13% | 0.13% |
 HEIHeidelberg Materials AG NPV | 0.91% | 0.09% | 0.09% |
 SIKASika AG CHF0.01 (REG) | 0.90% | 0.09% | 0.09% |
 GIVNGivaudan SA (Registered) | 0.93% | 0.09% | 0.09% |
 TECKTeck Resources Ltd., Class B | 0.78% | 0.09% | 0.09% |
 FMGFortescue Ltd. NPV | 0.80% | 0.08% | 0.08% |
 MTArcelorMittal SA | 0.74% | 0.08% | 0.08% |
 NSISBNovonesis Novozymes B | 0.69% | 0.07% | 0.07% |
 NSTNorthern Star Resources Ltd. NPV | 0.70% | 0.07% | 0.07% |
 5401Nippon Steel Corp. NPV | 0.67% | 0.06% | 0.06% |
 EVNEvolution Mining Ltd. | 0.62% | 0.06% | 0.06% |
Frequently Asked Questions
How much do MXI and VEA overlap?
MXI and VEA overlap by 5.2% of portfolio weight. They share 55 holdings (MXI holds 101 positions and VEA holds 3886), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MXI and VEA?
The two portfolios are 5.2% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of MXI and VEA?
The largest positions held by both funds are BHP, AEM, RIO, GLENPEN and 4063. Together the top 10 shared positions account for 53% of the total overlap.
What does MXI own that VEA doesn't?
46 positions (44.7% of MXI) are unique to MXI, led by LIN, NEM and FCX. In the other direction, 3831 positions (93.9% of VEA) are unique to VEA.